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What else can I help you with?
Can you cancel a life insurance policy your ex wife has on you?
It depends on who is the owner of the policy. The policy owner has complete control of the policy once issued. If you are the owner you can cancel it or just change the beneficiary if you want. If she is the owner forget it. You have no say so on the policy.
Does the 1st wife receive full benefits from a life insurance policy even if they are divorced?
The circumstances can vary greatly here. It will depend on what the conditions of alimony are, for one. If the ex-husband isn't required to keep the ex-wife as a beneficiary on a life insurance policy, and decides to remove the ex-wife, then the ex-wife will receive nothing.
Can a husband change his life insurance policy from his ex wife to his new wife in the state of OhioIt is stipulated in the dissolution that the ex wife is to remain benificiary any way to change it?
You must keep the life insurance policy that was discussed in the divorce until your ex remarries. But there is nothing to keep you from buying a new policy and making your new wife ITS beneficiary. That has nothing to do with the divorce decree.
Is there a recourse for a wife of 23 years to claim a life insurance policy that has the ex wife as the beneficiary?
Not if the ex-wife has any insurable interest in the ex spouse. If you could prove that the ex no longer had any insurable interest, and did not pay toward the policy itself, then it might be possible to challenge it in court. It would be a very difficult case to win in any case, because the owner of the policy had the ability for years to change the beneficiary of the policy and did not exercise the option, and it is impossible to know what their wishes were.
Can your ex-wife's grandparents have a life insurance policy on you if you didn't sign anything or have insurable interest in TN if you have kids with your ex and the policy was created before divorce?
If you had life insurance to cover your wife and children, then you may have not realized you could have agreed (if you were divorced) that your wife would continue to have your life insurance policy. I have no idea where the grandparents came into this. Get a copy of the life insurance policy and see a lawyer about this. There is a little more to it and therefore, more complicated. You really need legal advice on this one. Sorry I couldn't help you more.
Can a late husband's ex wife take money from the life insurance policy he left his current wife?
Unless the ex husband changed the beneficiary to someone else, then the insurance money goes to her. It is not really an issue of relationship, but rather the person named is the one who gets it.
Could your husands ex-wife cash in a life insurance policy on his life even though they were divorced prior to his death and everything was left to you in his Will?
If she's still the beneficiary, yes. The life insurance policy is completely separate from the will.
Can your ex still collect on an old life insurance policy if you die?
it depends how they died
Can your ex-husband keep a life insurance policy on you?
Yes he can. There are three important factors about an insurance policy. The owner, the insured, and the beneficiary. He can be either the owner or the beneficiary if you signed off on it. I would check to see if you are either of those and if you are the owner then you can cancel the policy. If you are the beneficiary then you would be fine.
Can an ex-husband take out a life insurance policy on ex-wife?
If she is agreeable to it. The insured typically has to sign the application and undergo a physical, it isn't something that can be done in secret. And if there are children involved there is certainly a reason to do so.
If ex husband dies never changing beneficiary does wife still receive the life insurance benefits?
Whoever is the named beneficiary on the policy will collect the death benefit.
Will your children get your life insurance benefits when you die?
The beneficiaries on your life insurance policy will receive the life insurance benefits. Please make sure your policy is updated with the correct beneficiaries. Many people forget to update their life insurance policy after divorce, or any other major life event and unfortunately the ex-husband or ex-wife receives the benefits. If all the beneficiaries named on the policy are deceased, then the benefit will go to the insured's estate (which may or may not go to the deceased children. The only way to ensure that the benefits are going to the intended person(s), is to update your insurance policy's beneficiaries.
